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Amazon CEO-In-Waiting Andy Jassy Gets $214M Stock Grant As He Gets Set To Replace Founder Jeff Bezos In Top Job

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Amazon has awarded veteran exec Andy Jassy more than $214 million in stock grants, which will vest over a 10-year period, as he gets set to replace Jeff Bezos as CEO.The tech giant revealed the award in an SEC filing this evening.The changing of the executive guard will happen Monday.

Jassy has been heading up Amazon Web Services ever since the wildly successful division launched in 2006. Bezos will remain as Amazon’s executive chairman and has said he will remain active in the affairs of the company he founded in the early 1990s.Jassy will receive 61,000 shares of stock once he takes on his new role.

Amazon stock closed today at $3,510.98. While the company’s valuation is one of the richest in the world, at nearly $1.8 trillion, the

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